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Report: UFC sponsorship deal with Full Tilt Poker nixed with government crackdown on illegal Internet gambling

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The recent indictment of the owners of three prominent gambling sites, most notably Full Tilt Poker, and the subsequent shutdown of their respective web domains has had far-reaching consequences on the mixed martial arts industry.

Not only was Full Tilt a major sponsor for Strikeforce, news has now come out regarding a "huge deal" the poker company had pending with the UFC. Per Darren Rovell:

"The UFC had a huge new sponsorship deal on the table with Full Tilt that will now go out the window with the feds bust."

Apparently, UFC was entering into a rather significant partnership with Full Tilt that would have meant a large influx of money into the sport of MMA, obviously making it much easier to make a living for fighters, some of which are currently scrapping for crumbs.

When contemplating the nature of these events, it's interesting to note that UFC has long struggled to obtain mainstream sponsors. Full Tilt represented exactly that but will these legal troubles cast a shadow over the sport of MMA?

Star-divide

There's no questioning the immeasurable impact this government crackdown on illegal Internet gambling has had on the poker industry. Major deals with mega media outlets like ESPN are falling through at a record pace.

The effect this will have on MMA, however, is less clear. The fact that one of the largest sponsors of the sport has been revealed to be a shady company that tricked banks into processing illegal gambling proceeds does not look good for the sport as a whole.

While that's certainly a topic up for debate, what isn't is how much money is now no longer in the pockets of the fighters that drive the sport month in and month out.

Sponsors come and sponsors go but for a brand that has found difficulty in attaching itself to the major players, this is a blow felt deeply by all involved.

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geno

You are the master of ending posts with questions. Well written posts I must add

by drudog1715 on Apr 19, 2011 2:14 AM EDT via mobile reply actions  

Thank you very much.

Forget it Donny, you're out of your element.
Twitter -- @GenoMrosko

by Geno Mrosko on Apr 19, 2011 2:18 AM EDT up reply actions  

Full Tilt was one of the highest paying sponsors.

And they sponsored a LOT of fighters. For the high end guys, this is no big deal but for the lower end guys that aren’t exactly raking in the dough, it’s rough.

Forget it Donny, you're out of your element.
Twitter -- @GenoMrosko

by Geno Mrosko on Apr 19, 2011 2:23 AM EDT up reply actions  

Did the poker sites really trick the banks?

I thought the banks approve transactions and turned a blind eye.

"Gold medals aren't really made of gold.
They're made of sweat, determination,
and a hard-to-find alloy called guts"

by THORAZINE on Apr 19, 2011 2:53 AM EDT reply actions  

Apparently

they were running a scheme to direct the gambling profits to online shell companies that appeared legit to the banks that were processing the payments.

Forget it Donny, you're out of your element.
Twitter -- @GenoMrosko

by Geno Mrosko on Apr 19, 2011 3:00 AM EDT up reply actions  

English?

What wasn’t illegal about these sites before that is suddenly illegal now?

I don’t get it.

-You don't have to like me, but you will respect me.
--Canada is the king of MMA.

by D-MoB on Apr 19, 2011 9:36 AM EDT up reply actions  

so it's the profits that are illegal, not the online poker itself

it’s just another “let’s fuck each and every company” taxes issue? i’m sorry for the usa, it’s becoming more and more like mexico

by vhw_ on Apr 19, 2011 11:07 AM EDT up reply actions  

new sponsors will come in. either mainstream or not, they will come

mma is just getting too popular and continues to grow worldwide.

by daftshadow on Apr 19, 2011 2:52 PM EDT reply actions  

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